Yashhtej Industries (India) IPO Opens Tomorrow, February 18 

Yashhtej Industries (India) Limited is set to open its fixed price initial public offering on February 18, 2026. The issue will remain open for subscription until February 20, 2026, as the company looks to raise ₹88.88 crore through a fresh issue ahead of its proposed listing on the BSE SME platform.

The IPO price has been fixed at ₹110 per share. Each equity share carries a face value of ₹10. As per the offer schedule, the tentative listing date is February 25, 2026.

Incorporated in 2018, Yashhtej Industries (India) Limited is engaged in the business of manufacturing/processing of soybean crude oil from soybeans through the solvent extraction process and manufacturing of Soybean De-Oiled Cake (‘DOC’). DOC or soya meal is the solid residue or by-product remaining after oil extraction from soybeans and is rich in proteins and minerals. The company operates in a business to business (i.e. B2B) segment i.e. the said crude oil is supplied to the customers who are engaged in undertaking the refining activity.

Yashhtej Industries (India) IPO Timeline

The subscription window will remain open for three days beginning February 18, 2026. The issue is scheduled to close on February 20, 2026.

• IPO Opens: February 18, 2026 (Wednesday)
• IPO Closes: February 20, 2026 (Friday)
• Basis of Allotment Finalisation: February 23, 2026 (Monday)
• Initiation of Refunds: February 24, 2026 (Tuesday)
• Credit of Shares to Demat Accounts: February 24, 2026 (Tuesday)
• Listing on BSE SME: February 25, 2026 (Wednesday)

All dates are indicative and subject to change as per regulatory and exchange approvals.

Yashhtej Industries (India) IPO Issue Structure and Capital Details

The entire ₹88.88 crore offering consists of a fresh issue of 80,79,600 equity shares. There is no offer for sale component in this issue. Out of the total shares on offer, 4,04,400 shares, or roughly 5.01%, have been reserved for the market maker, Prabhat Financial Services Ltd. The net issue to the public stands at 76,75,200 shares, aggregating to about ₹84 crore.

Post issue, the company’s equity share capital is expected to increase from 1,50,00,000 shares to 2,30,79,600 shares. The pre-issue market capitalisation has been indicated at ₹253.88 crore.

The basis of allotment is expected to be finalised on February 23, 2026. Refunds, where applicable, are scheduled for February 24, with shares likely to be credited to demat accounts on the same day.

Yashhtej Industries (India) IPO Investor Reservation and Lot Size

The issue has been split evenly between investor categories. Around 38,37,600 shares, or 47.50%, have been allocated to Qualified Institutional Buyers and Non-Institutional Investors combined. An equal number of shares, 38,37,600, have been reserved for retail investors.

The application lot is 1,200 shares. Retail investors must apply for at least two lots, which means 2,400 shares. At ₹110 per share, this translates to a minimum application amount of ₹2,64,000.

For HNI applicants, the minimum bid requirement is three lots, or 3,600 shares, amounting to ₹3,96,000 at the issue price.

Listing Platform and Intermediaries

Yashhtej Industries plans to list its shares on the BSE SME platform. Erudore Capital Private Limited is acting as the book running lead manager for the IPO, while MAS Services Ltd. has been appointed as the registrar. Prabhat Financial Services Ltd. will function as the designated market maker for the issue.

Key Financials and Performance Metrics

As of 30 September 2025, the company reported assets of ₹77.57 crore, total income of ₹191.22 crore, and a profit after tax of ₹7.25 crore. EBITDA stood at ₹12.44 crore, net worth at ₹26.87 crore, reserves and surplus at ₹11.87 crore, and total borrowing at ₹37.47 crore, reflecting steady growth over previous years.

By 30 September 2025, the company achieved a ROE of 31.19%, ROCE of 17.98%, and RoNW of 26.98%. Debt-to-equity ratio was 1.39, with PAT and EBITDA margins at 3.79% and 6.51%, respectively, and a price-to-book value of 6.14, showing improved operational efficiency and financial leverage.